U.S. oil and gas companies, and their investors, are at risk of significant stranded assets because they are not adequately reflecting the impacts of the climate crisis and the clean energy transition in their financial reporting
Black & Veatch, a pioneer of liquefied natural gas (LNG) infrastructure including floating liquefied natural gas (FLNG) production and regasification, has delivered the regasification system for the world’s first barge-based FLNG regasification and storage unit.
The World Business Council for Sustainable Development (WBCSD) and the Consejo Empresario Argentino para el Desarrollo Sostenible (CEADS) released their new guide “Power Purchase Agreements en Argentina.”
In the chronicles of Great Britain’s energy industry, 2017 will go down as a significant year. At a time already characterized by change and uncertainty, two events stand out. One signals a break with the past; the other suggests the shape of things to come.
Results from the 2017 Strategic Directions: Natural Gas Industry Report survey signal that in order to realize natural gas storage potential, industry organizations will first need to manage the array of associated federal and state regulations.
Capitalizing on sustained low natural gas prices, the United States has seen a fair amount of build-out of new pipeline infrastructure to reach new markets since last year’s Strategic Directions: Natural Gas Industry Report. Additionally, the changeover in administrations at the federal level is widely seen as favorable for continued industry growth. However, despite announced intentions to immediately accelerate energy infrastructure development, several bumps have been encountered right out of the gate.
Survey responses from the 2017 Strategic Directions: Natural Gas Industry Report suggest that a root cause of inadequate preparedness for risks may be insufficient funding for physical and cybersecurity initiatives. In fact, results reveal that approximately 65 percent of respondents either don’t know how much money is being earmarked or are allocating less than $1 million annually to fund security programs.
Nearly all climate scientists and every government on earth (except for one) agree that society faces profound risks from human-induced climate change. Does your mutual fund company, investment manager, or 401(k) manager agree that the risks are serious and extend to companies in their portfolios?
For an overview of risks to businesses from climate change and what they should disclose, see reports and recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosure (TCFD), Chaired by Michael Bloomberg, former Mayor of New York City. Examples of these risks already translating into impacts include the record-breaking string of Atlantic hurricanes and wildfires in North America.
Today’s approaches to managing oil & gas utility asset application data do not provide the high-quality foundation necessary to drive new insights into improving operations, regardless of how much we may wish for it.
One might think the proliferation of renewables would spell the demise of natural gas, but market leaders know that gas-fired generation will continue to play an important role even as an influx of renewable energy reshapes the American power landscape.
Chemours’ Thermal & Specialized Solutions (TSS) business sits at the intersection of chemistry, physics, and design, making it a leading provider of...
The business landscape is reorienting itself and you can almost hear priorities shifting toward change-readiness and the bigger picture. And in this...
Trane Technologies is a global climate innovator with a clear purpose to boldly challenge what’s possible for a sustainable world. See how embedding...
